About ADTRAN (NASDAQ:ADTN)
ADTRAN, Inc. (ADTRAN) is a provider of networking and communications equipment. The Company's solutions enable voice, data, video and Internet communications across a range of network infrastructures. It operates through two segments: Network Solutions and Services & Support. Network Solutions includes software and hardware products that enable CSPs and enterprise customers to realize a fully connected world. It provides a full-range of network implementation, maintenance and managed services. Its solutions include Access & Aggregation, Customer Devices, and Traditional & Other Products. Its Access & Aggregation solutions are used by communications service providers (CSPs) to connect their network infrastructure to their subscribers. The portfolio of ADTRAN solutions within Access & Aggregation category includes a range of modular or fixed physical form factors designed to deliver the technology and economic fit based on the target subscriber density and environmental conditions.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Communications & Networking
- Sub-Industry: Communications Equipment
- Symbol: NASDAQ:ADTN
- CUSIP: 00738A10
- Web: www.adtran.com
- Market Cap: $1.04919 billion
- Outstanding Shares: 47,869,000
- 50 Day Moving Avg: $23.08
- 200 Day Moving Avg: $21.37
- 52 Week Range: $17.55 - $25.10
Sales & Book Value:
- Trailing P/E Ratio: 24.94
- Foreward P/E Ratio: 23.35
- P/E Growth: 10.67
- Annual Revenue: $703.05 million
- Price / Sales: 1.49
- Book Value: $10.53 per share
- Price / Book: 2.08
- Annual Dividend: $0.36
- Dividend Yield: 1.6%
- EBITDA: $62.25 million
- Net Margins: 6.05%
- Return on Equity: 9.05%
- Return on Assets: 6.54%
- Debt-to-Equity Ratio: 0.05%
- Current Ratio: 3.36%
- Quick Ratio: 2.10%
- Average Volume: 331,402 shs.
- Beta: 0.75
- Short Ratio: 1.68
Frequently Asked Questions for ADTRAN (NASDAQ:ADTN)
What is ADTRAN's stock symbol?
ADTRAN trades on the NASDAQ under the ticker symbol "ADTN."
How often does ADTRAN pay dividends? What is the dividend yield for ADTRAN?
ADTRAN announced a quarterly dividend on Tuesday, October 17th. Investors of record on Wednesday, November 1st will be paid a dividend of $0.09 per share on Wednesday, November 15th. This represents a $0.36 annualized dividend and a yield of 1.64%. The ex-dividend date is Tuesday, October 31st. View ADTRAN's Dividend History.
How were ADTRAN's earnings last quarter?
ADTRAN, Inc. (NASDAQ:ADTN) issued its quarterly earnings results on Tuesday, October, 17th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.13. The company earned $185.11 million during the quarter, compared to analysts' expectations of $185.43 million. ADTRAN had a net margin of 6.05% and a return on equity of 9.05%. View ADTRAN's Earnings History.
When will ADTRAN make its next earnings announcement?
Where is ADTRAN's stock going? Where will ADTRAN's stock price be in 2017?
6 brokerages have issued twelve-month price targets for ADTRAN's shares. Their predictions range from $18.00 to $28.00. On average, they anticipate ADTRAN's share price to reach $24.00 in the next year. View Analyst Ratings for ADTRAN.
What are analysts saying about ADTRAN stock?
Here are some recent quotes from research analysts about ADTRAN stock:
- 1. According to Zacks Investment Research, "Shares of ADTRAN have outperformed the industry over the last six months. Ushering in further good news, the company reported better-than-expected earnings per share in the third quarter of 2017. The bottom line also increased on a year-over-year basis. Total revenues climbed 9.6% year over year on the back of strong growth displayed by the company's Network Solutions portfolio. ADTRAN’s efforts to reward shareholders also raise optimism in the stock. Meanwhile, the company continues to impress with its lucrative product offering and solutions, which are some of the best in the industry. The company's efforts to expand internationally are also encouraging. However, continuous increase in costs is concerning and has the potential to hurt results in the near term." (10/20/2017)
- 2. Jefferies Group LLC analysts commented, "We're still on the sidelines with respect to the stock. We believe that current valuations already build in an appropriate view of the improving business trends at ADTRAN." (1/19/2017)
Who are some of ADTRAN's key competitors?
Some companies that are related to ADTRAN include West Corp (WSTC), Acacia Communications (ACIA), Plantronics (PLT), Oclaro (OCLR), Infinera Corporation (INFN), Vocera Communications (VCRA), Applied Optoelectronics (AAOI), Sierra Wireless (SWIR), Spirent Communications Plc (SPT), Comtech Telecommunications Corp. (CMTL), Gilat Satellite Networks (GILT), Sonus Networks (SONS), Calix (CALX), Digi International (DGII), AudioCodes (AUDC), Harmonic (HLIT), EMCORE Corporation (EMKR) and Aerohive Networks (HIVE).
Who are ADTRAN's key executives?
ADTRAN's management team includes the folowing people:
- Thomas R. Stanton, Chairman of the Board, Chief Executive Officer
- Roger D. Shannon, Chief Financial Officer, Senior Vice President - Finance, Treasurer, Corporate Secretary
- Charles E. Marsh, Senior Vice President - Global Sales
- Michael K. Foliano, Senior Vice President - Global Operations
- Kevin P. Heering, Senior Vice President - Quality and Administration
- Raymond R. Schansman, Senior Vice President - Global Services and Support
- Eduard Scheiterer, Senior Vice President - Engineering and Development
- James Denson Wilson Jr., Senior Vice President - Technology and Strategy
- Gregory James McCray, Director
- Anthony J. Melone, Director
How do I buy ADTRAN stock?
Shares of ADTRAN can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is ADTRAN's stock price today?
MarketBeat Community Rating for ADTRAN (NASDAQ ADTN)MarketBeat's community ratings are surveys of what our community members think about ADTRAN and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of ADTRAN stock can currently be purchased for approximately $21.95.
Consensus Ratings for ADTRAN (NASDAQ:ADTN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.67)|
|Consensus Price Target: ||$24.00 (9.34% upside)|Consensus Price Target History for ADTRAN (NASDAQ:ADTN)
Analysts' Ratings History for ADTRAN (NASDAQ:ADTN)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/18/2017||Northland Securities||Set Price Target||Buy||$28.00||N/A|
|8/10/2017||Needham & Company LLC||Boost Price Target||Buy -> Buy||$25.00 -> $26.00||Medium|
|7/22/2017||Cowen and Company||Reiterated Rating||Market Perform||$16.00 -> $18.00||Low|
|4/24/2017||MKM Partners||Reiterated Rating||Buy||$27.50 -> $26.50||Low|
|4/20/2017||Argus||Upgrade||Hold -> Buy||$25.00||Low|
|1/19/2017||Jefferies Group LLC||Boost Price Target||Hold||$17.50 -> $20.50||N/A|
|4/18/2016||Goldman Sachs Group, Inc. (The)||Downgrade||Neutral -> Sell||$18.00 -> $17.00||N/A|
|4/14/2016||Stifel Nicolaus||Boost Price Target||Buy||$21.00 -> $25.00||N/A|
|1/15/2016||Drexel Hamilton||Upgrade||Hold -> Buy||$22.00||N/A|
|12/17/2015||J P Morgan Chase & Co||Upgrade||Neutral -> Overweight||$22.50||N/A|
Earnings History for ADTRAN (NASDAQ:ADTN)Earnings History by Quarter for ADTRAN (NASDAQ ADTN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/17/2017||Q3 2017||$0.24||$0.37||$185.43 million||$185.11 million||View||N/A|
|7/18/2017||6/30/2017||$0.19||$0.30||$183.05 million||$184.67 million||View||N/A|
|4/18/2017||3/31/2017||$0.12||$0.18||$167.87 million||$170.28 million||View||N/A|
|1/17/2017||Q416||$0.11||$0.21||$152.03 million||$162.99 million||View||Listen|
|10/18/2016||Q316||$0.21||$0.26||$162.41 million||$168.89 million||View||Listen|
|10/13/2015||Q315||$0.14||$0.16||$160.66 million||$158.08 million||View||Listen|
|7/14/2015||Q215||$0.07||$0.08||$157.77 million||$160.14 million||View||Listen|
|4/21/2015||Q115||$0.08||$0.07||$149.96 million||$142.84 million||View||Listen|
|1/20/2015||Q414||$0.07||$0.15||$141.62 million||$143.98 million||View||N/A|
|10/14/2014||Q314||$0.20||$0.22||$168.53 million||$162.89 million||View||Listen|
|7/15/2014||Q214||$0.25||$0.27||$175.68 million||$176.10 million||View||Listen|
|4/15/2014||Q114||$0.16||$0.18||$149.36 million||$147.00 million||View||Listen|
|1/22/2014||Q413||$0.14||$0.25||$159.36 million||$159.10 million||View||Listen|
|10/9/2013||Q313||$0.22||$0.28||$175.10 million||$177.40 million||View||Listen|
|7/9/2013||Q2 2013||$0.16||$0.17||$154.16 million||$162.23 million||View||Listen|
|1/15/2013||Q4 2012||$0.06||$0.11||$139.79 million||$139.76 million||View||Listen|
Earnings Estimates for ADTRAN (NASDAQ:ADTN)
2017 EPS Consensus Estimate: $0.75
2018 EPS Consensus Estimate: $0.93
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for ADTRAN (NASDAQ:ADTN)
|Payout Ratio:||40.45% (Trailing 12 Months of Earnings) |
40.91% (Based on This Year's Estimates)
38.30% (Based on Next Year's Estimates)
Dividend History by Quarter for ADTRAN (NASDAQ ADTN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for ADTRAN (NASDAQ:ADTN)
Insider Ownership Percentage: 2.96%Insider Trades by Quarter for ADTRAN (NASDAQ:ADTN)
Institutional Ownership Percentage: 89.47%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/25/2017||Michael Foliano||SVP||Sell||24,000||$23.77||$570,480.00|| |
|7/24/2017||Michael Foliano||SVP||Sell||322||$23.70||$7,631.40|| |
|4/28/2015||Thomas R Stanton||CEO||Buy||31,200||$16.05||$500,760.00|| |
|4/24/2015||James E Matthews||Director||Sell||23,000||$16.03||$368,690.00|| |
|8/29/2014||Kevin P Heering||SVP||Sell||5,650||$23.10||$130,515.00|| |
|7/21/2014||Robert A Fredrickson||VP||Sell||2,577||$22.07||$56,874.39|| |
|7/16/2013||Robert A Fredrickson||VP||Sell||3,750||$25.35||$95,062.50|| |
Headline Trends for ADTRAN (NASDAQ:ADTN)
Latest Headlines for ADTRAN (NASDAQ:ADTN)
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ADTRAN (ADTN) Chart for Monday, October, 23, 2017